CostIndexUSA

Missoula, MT vs Tallahassee, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Missoula
96.4
overall index
$1,550/mo rent
More AffordableFL
Tallahassee
93.9
overall index
$1,475/mo rent

Tallahassee is slightly cheaper than Missoula — 2.6% lower overall cost of living.

To match an $80,000 salary in Missoula, you would need $77,900 in Tallahassee. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing17.3%
Missoula
94.9
Tallahassee
78.5
🛒 Groceries≈ Equal
Missoula
96
Tallahassee
96.2
🚗 Transportation≈ Equal
Missoula
103.7
Tallahassee
103.8
🏥 Healthcare≈ Equal
Missoula
93.8
Tallahassee
93.9
Utilities+21.4%
Missoula
72.1
Tallahassee
87.5

Salary Equivalency Calculator

Enter your current salary in Missoula to see what you'd need to earn in Tallahassee to maintain the same purchasing power.

$
Equivalent salary in Tallahassee, FL
$77,900
$2,100 less needed in Tallahassee

Formula: salary × (93.9 ÷ 96.4) = salary × 0.9741. Based on BEA Regional Price Parities.

Housing Market

Missoula, MT

Median Home Price
$552,000
Median Monthly Rent
$1,550
Housing Index
94.9
Price-to-Rent Ratio
29.7×

Tallahassee, FL

Median Home Price
$273,000
Median Monthly Rent
$1,475
Housing Index
78.5
Price-to-Rent Ratio
15.4×

Missoula has 17.3% lower housing costs compared to Tallahassee.

Income & Job Market

Missoula, MT

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
2.5%
Population
73,489
Top Industries
EducationHealthcareTourismGovernmentRetail

Tallahassee, FL

Median Household Income
$64,000
Per Capita Income
$36,500
Unemployment Rate
5.8%
Population
196,169
Top Industries
GovernmentEducationHealthcareRetailFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Missoula, MT
3.9×income-to-rent ratio

75% of income left after rent (median)

Tallahassee, FL
3.6×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.